Use this helpful tool to see how expensive damage can become with 1 inch or more of water; https://www.floodsmart.gov/costOfFlooding/index.html ?Flood Insurance
When considering flood insurance, be aware that not all policies are created equal. Homeowner’s and renter’s Insurance typically do not cover flood damage. Some flood policies will only insure the structure, not the contents of your home. Be sure to talk to your insurance agent about what type of policy best fits your needs.
Flood insurance does not require a presidential disaster declaration, and doesn’t require repayment, unlike some disaster relief options. FEMA has limited grants available, but these are often much less than the cost to recover from a flood.
Lastly, don’t wait until the last minute to get a floodplain policy. flood insurance has a 30 day waiting period before the National Flood Insurance Program coverage takes effect.
The cost of flood damage is no joke; protect yourself, your family and your home. Flood Insurance can help you get back on your feet and back at home, but it is important to be informed, to talk with your insurance agent and give yourself plenty of time before purchasing flood insurance.
You can find additional resources at FEMA’s Flood insurance pages.